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Over FY24-26F, Incred analysts expect to see domestic coal dispatches at 10 percent CAGR against a 7.5 percent CAGR in case of coal-based power demand. This, they believe, could lead to flat thermal coal imports. ....
Sensex opened the day at 72,396.97 against the previous close of 72,831.94 and traded in the negative territory throughout the session. The Nifty 50 opened at 21,947.90 against the previous close of 22,096.75 ....
Nifty on Wednesday ended 204 points higher above the 21,700 mark to form a Piercing Line pattern on the daily chart ahead of Wednesdays US Fed meeting outcome and Thursdays Interim Budget. On the monthly chart, Nifty ended flat but formed a Doji candle after a two-month rise, indicating indecision at higher levels. ....